Beijing Tongyizhong New Material Technology Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 239.34 million compared to CNY 115.8 million a year ago. Net income was CNY 53.87 million compared to CNY 30.56 million a year ago.

Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.24 compared to CNY 0.14 a year ago.